Heating oil customers have the worst of the situation.
What wasn't hit by Katrina is being targeted by Rita. The market is taking the storm very seriously.
Prices are being pushed lower ahead of Thursday's storage report.
You have a transition to a warming trend. Because it's switched to warmer weather, we've seen the weather markets sell off and of course, the natural-gas markets sell off as well.
Prices could remain at or above $38 for the next one to two years.
Natural gas prices will be bad as well, we shouldn't expect prices to go back down significantly.
We have fared well despite the significant losses in Gulf production.
The biggest story of the year is clearly the record-breaking hurricane season.
There will be some volatility to the market, but barring any other major disruptions, I think we'll continue to head lower in prices.
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